GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Third Age Health Services Ltd (NZSE:TAH) » Definitions » Capex-to-Operating-Income

Third Age Health Services (NZSE:TAH) Capex-to-Operating-Income : 0.04 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Third Age Health Services Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Third Age Health Services's Capital Expenditure for the six months ended in Sep. 2023 was NZ$-0.03 Mil. Its Operating Income for the six months ended in Sep. 2023 was NZ$0.89 Mil.

Hence, Third Age Health Services's Capex-to-Operating-Income for the six months ended in Sep. 2023 was 0.04.


Third Age Health Services Capex-to-Operating-Income Historical Data

The historical data trend for Third Age Health Services's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Third Age Health Services Capex-to-Operating-Income Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Income
- - 0.06

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Capex-to-Operating-Income Get a 7-Day Free Trial - - 0.04 0.08 0.04

Competitive Comparison of Third Age Health Services's Capex-to-Operating-Income

For the Medical Care Facilities subindustry, Third Age Health Services's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Third Age Health Services's Capex-to-Operating-Income Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's Capex-to-Operating-Income falls into.



Third Age Health Services Capex-to-Operating-Income Calculation

Third Age Health Services's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.054) / 0.979
=0.06

Third Age Health Services's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.032) / 0.888
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Third Age Health Services  (NZSE:TAH) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Third Age Health Services Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Third Age Health Services's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Third Age Health Services (NZSE:TAH) Business Description

Traded in Other Exchanges
N/A
Address
536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.

Third Age Health Services (NZSE:TAH) Headlines